API Endpoints for Circulating Supply, Fees, Rewards & APY
Description
The dYdX Grants program is exploring an initiative to enhance transparency and accessibility for users and developers. We propose the development of API endpoints to provide real-time information on critical aspects of the dYdX Chain. The primary focus will be on circulating supply, staking APR, trading fee collection, gas fee collection, and trading rewards distribution.
We are looking for teams or individuals interested in leading this initiative through grants funding. Contributor(s) under this RFP will have the following responsibilities:
- Create simple REST API endpoints with decimals
- Publicly accessible endpoints without any form of authentication (password/API keys)
- Adequate rate limits to support polling once every 5 minutes
Scope
- Circulating Supply: real-time circulating supply of DYDX tokens
- Staking APR: standardized APR for DYDX chain tokens with methodology and parameters published
- Trading Fee Collection: report trading fees collected by the protocol in each block
- Gas Fee Collection: report gas fees collected by the protocol in each block
- Trading Rewards Distribution: report on trading rewards per block and the six month incentive distribution
Provide and maintain thorough documentation for developers, including endpoint specifications, authentication procedures, formulas, and sample requests.
Qualifications
The ideal candidate(s) should meet the following qualifications:
- Technical expertise and experience in developing similar API endpoints for Cosmos SDK based protocols
- Security measures implemented in data retrieval and transmission.
- Clarity and completeness of the proposed documentation.
- Product/Project management experience to drive the initiative forward.
- Ensure compliance with industry standards and best practices for API development.
Timeline: 2 weeks
